Aliko Dangote, billionaire and chief government officer of Dangote Group, PHOTO: Jason Alden/Bloomberg
Nigeria's foremost entrepreneur, Aliko Dangote, has been ranked amongst 75 strongest individuals on the planet, forward of the Vice President of the United States of America, Mike Pence.
According to the Forbe’s newest 2018 rating of the World Powerful folks, Dangote ranked amongst world leaders like Chinese president, Xi Jinping; Vladimir Putin, Russian president and Donald Trump, president of the U.S., all of whom have been ranked first, second and third respectively.
Dangote was ranked 66th strongest particular person in the world forward of Mike Pence, U.S. Vice-President, ranked 67 and Qamar Javed Bajwa, extremely influential Chief of Army Staff of Pakistan who ranked 68.
The Africa’s richest man is the only Nigerian on the listing and one of many only two Africans who made the listing with the opposite being the Egyptian President, Abdel Fattah el-Sisi, who was ranked 45th strongest.
Dangote, it might be recalled, was the only black man who made the listing other than president of the United States, Barack Obama, in the 2016 rating launched in 2017 and was listed at quantity 71 simply above the then American presidential contender, Donald Trump, who was listed at quantity 72.
Dangote is the Chairman of the Dangote Cement which produces 44 million metric tons yearly throughout the African continent and nonetheless plans to broaden and improve its output by 33 per cent by 2020.
According to the Forbe’s wealthy listing, Dangote as at March 2018 had an estimated internet price of $14.1 billion and ranked among the many 100 richest in the world and the richest in Africa, a place he has held for nearly a decade.
Dangote reached the height in 2014 when he got here 23rd richest in the world and in 2013 surpassed the Saudi-Ethiopian billionaire Mohammed Hussein Al Amoudi by over $2.6 billion to turn out to be the world richest particular person of African descent.